The levy imposed on actual property inside a selected Arizona county funds important native companies corresponding to faculties, libraries, parks, and public security. This levy is calculated by multiplying the assessed worth of a property by a selected share decided yearly by the governing physique. For instance, a property assessed at $200,000 with a levy of 1% would incur an annual tax of $2,000.
These funds are essential for sustaining the standard of life and infrastructure inside the group. Historic developments in these levies replicate the evolving wants and priorities of the area, impacting each property homeowners and the companies accessible to residents. Understanding these developments can supply priceless insights into the monetary well being and future growth of the county.